There’s a worrying datapoint regarding the American Express Platinum and the Ameriprise variation. On April 1st saranwrapnation applied for the Ameriprise Platinum while holding the vanilla Platinum, they were denied for the card and upon calling in were told that a memo has been sent out stating the Ameriprise Platinum & Vanilla Platinum were considered the same product and it’s not possible to hold both cards at the same time. They were then granted an exception but have just received a denial letter saying the exception has been revoked (this letter can be viewed here).
This leaves us with more questions than answers, for example:
- If you’ve had the Ameriprise card before, can you get the sign up bonus on the vanilla card?
- Does this extend to other variations of the Platinum?
Before the American Express Mercedes-Benz was axed they added language that stated: This offer is not valid for existing Platinum Card Members from American Express. I think it’s clear that American Express plans to treat all variations of the Platinum product as the same product for sign up bonuses purposes, it’s more just a matter of time when those rules will be introduced and enforced. As always please share your own experiences and data points in the comments below.
Update: Another datapoint of somebody being denied but then approved after it was sent to underwriting.
